Tag Along
Tag along provides that if a majority shareholder decides to sell their stake in the company to a third party, minority shareholders have the right to sell their shares alongside the majority shareholder. This allows the other shareholders to join the sale of their shares, on the same terms requested by the majority sh
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What is tag along?
Tag along provides that if a majority shareholder decides to sell their stake in the company to a third party, minority shareholders have the right to sell their shares alongside the majority shareholder. This allows the other shareholders to join the sale of their shares, on the same terms requested by the majority shareholder.
If the buyer does not want to buy the shares of all the shareholders, the shareholders will have to sell their shares proportionally.
